Coyote Springs Apartments Inc

Nonprofit profile at a glance

EIN
330488598
IRS 990 coverage
2019–2025
Forms available
Form 990 2025, Form 990-EZ 2018
Location
Indio, CA, USA
Phone
7603473157
Rating
86
Verdict
STRONG
Rating confidence
Moderate

Reported finances

Revenue
$10,000
Expenses
$379,059
Assets
$887,881
Liabilities
$20,000

Source: IRS Form 990. Selected filing: tax year 2025. Amounts in USD.

Leadership & pay

11 people listed

Executive titles in this filing

  • Deanna Mendoza (Vice President)
  • Juan Munoz (President)

People named in this filing

  • Jose L Santos (Treasurer)
  • Deanna Mendoza (Vice President)
  • Rosemary P Bautista (Secretary)

Selected names, not a complete roster or a statement of current roles. Open leadership details for the complete filed list.

Source: IRS Form 990. Selected filing: tax year 2025. Names and roles reflect this filing, not necessarily current officeholders.

Overview

Mission

Provide affordable housing

What it reported doing in 2025

To provide affordable rental housing as the 1% general partner in Coyote Springs Apartments Associates, a California Limited Partnership, which owns and operates Coyote Springs Apartments, a 140-unit affordable housing complex located in Palm Springs, CA.Effective January 1, 2019 to serve as 99.99% limited partner in Western Riverside Housing Associates, a California Limited Partnership, which owns and operates Geel Place Apartments, a 45-unit affordable housing complex located in Riverside, CA.Effective September 30, 2021 to serve as 99.99% limited partner in Verbena Housing Associates, a California Limited Partnership, which owns and operates Arroyo de Paz Apartments, a 60-unit affordable housing complex located in Desert Hot Springs, CA.Effective September 30, 2021 to serve as 99.99% limited partner in Hacienda Sunset Affordable Housing Associates, a California Limited Partnership, which owns and operates Coyote Run II Apartments, a 66-unit affordable housing complex located in Palm Springs, CA.Effective December 31, 2023 to serve as 99.99% limited partner in Arroyo Housing Associates, a California Limited Partnership, which owns and operates Arroyo De Paz II Apartments, a 34-unit affordable housing complex located in Desert Hot Springs, CA.Effective June 30, 2024 to serve as the 99.99% limited partner in Casitas Del Valle Associates, a California Limited Partnership, which owns and operates Casitas Del Valle Apartments, a 40-unit affordable housing complex located in Moreno Valley, California.

Operating model

Revenue model
Earned-program. 100% of the money available for current operations came from fees and other program revenue.
Distribution model
Direct operator. The filing allocates 100% of reported program-service expenses outside its grant, affiliate-payment, and member-benefit lines. This expense classification does not rule out separately announced grant awards.

The verdict

STRONG - A large share of available resources goes toward mission work and the filed numbers largely add up. Some filing-based governance responses are negative or unanswered and expenses are high relative to revenue.

Rating breakdown

  • Financial Efficiency: 89
  • Transparency & Controls: 90
  • Accountability: 88
  • Sustainability: 22
  • Growth: 100

Detailed rating inputs

Financial Efficiency

  • Mission deployment rate: 100%; rating input score 100
  • Program expense ratio: 100%; rating input score 100
  • Fundraising efficiency: Limited

Transparency & Controls

  • Consistency checks: 100%; rating input score 100; 63rd percentile among comparable filings
  • Pay-setting controls: Limited
  • Foreign activity oversight: Limited
  • Grant itemization coverage: Limited
  • Major donor itemization: Limited
  • Related-party transparency: Limited

Accountability

  • Independent voting board: 100%; rating input score 100; 64th percentile among comparable filings
  • Governance controls: 5 of 7 controls in place; rating input score 71
    • Conflict-of-interest policy: Pass
    • Whistleblower policy: Pass
    • Document-retention policy: Pass
    • CEO compensation review process: NotApplicable
    • Other executive compensation review process: NotApplicable
    • Form 990 shared with the board: Pass
    • Board meeting minutes documented: Fail
    • Audit committee oversight: Fail
    • Independent financial-statement audit: Pass

Sustainability

  • Operating margin: -3,690.6%; rating input score 2; 2nd percentile among comparable filings
  • Total-asset coverage ratio: 2.34; rating input score 40; 40th percentile among comparable filings
  • Liabilities to assets ratio: 0.02; rating input score 20; 20th percentile among comparable filings
  • Officer compensation ratio: 0%; rating input score 58; 58th percentile among comparable filings

Growth

  • Program expense growth: 25% per year; rating input score 100; 86th percentile among comparable filings
  • Revenue growth: 12.3% per year; rating input score 100; 88th percentile among comparable filings
  • Asset growth: 10.9% per year; rating input score 100; 79th percentile among comparable filings

Details

  • Where the money goes: 100% of revenue deployed · 100% of spending went to programs
  • Governance: 11 of 11 board members independent · 5 of 7 filing controls reported
  • Programs: 1 filed program accomplishment · $379K in reported program spending
  • Leadership: top reported pay $0 · 11 people listed
  • Consistency: 11 of 11 current checks pass
  • Schedules: 4 filed schedules
  • Filing history: 7 filing years from 2019 to 2025
  • Contacts: How to reach this organization
  • Related organizations: 6 filed related-organization links
  • Grant readiness: Federal tax and exclusion status, award history, and grant-maker relationships.
  • People: Everyone the filings name, and which of them the filings identify by more than a name.

Key Signals

Signals prioritize questions for review. They are not findings of misconduct.

  • Review — Accountability: Governance controls: 2 of 7 not reported.
  • High — Sustainability: Operating margin scored 2/100.
  • Moderate — Sustainability: Total-asset coverage ratio scored 40/100.
  • High — Sustainability: Liabilities to assets ratio scored 20/100.
  • Review — Sustainability: Officer compensation ratio scored 58/100.